The funding is intended to bolster climate-positive lease financing for Turkey’s SME sector, the backbone of the country’s economy and provider of 70% of national employment.
The Africa-focused responsible investor is putting together a new fund targeting founder-led SMEs to complement its larger fund series focusing on mid-caps.
The cooperation between both organisations targets nature-based solution companies within the value chains of globally traded commodities in Indonesia including coffee, cacao and coconut.
The impact investor’s recently launched inclusive growth strategy focuses on businesses that are delivering positive outcomes for vulnerable people in the UK.
The fund will use the money to mobilise investment for strategic infrastructure in South and Southeast Asia, which houses more than 25% of the world’s population.
The fund, which is aiming to raise £1bn in investment by 2026, is seeking to help remedy a chronic shortage of social and affordable housing in the UK.
The Dutch venture capital fund, which focuses on climate change, biodiversity loss and natural resource depletion, is backed by a range of institutional and European investors.